The President of Senegal Macky Sall inaugurated Saturday a power plant with a 120 Mega Watt output expected to provide energy to 500,000 households in and around the city of Thies, located West of the African country.

About $644 billion investments are needed in the energy sector, with an annual average of 4.6 billion until 2023, Secretary-General of the International Energy Forum (IEF), Joseph McMonigle said.

Gi3, a Moroccan company, launched on Monday the construction operations to build the country’s first plant specializing in the production of solar-powered heaters that are 100% Made-in-Morocco. The factory is located in an industrial park in Ain Johra in Tiflet, a town in Northwest Morocco.

A Chinese tire company Qingdao Sentury has announced its plans to invest $297 in the building of a car tire factory located in the northern Moroccan city of Tangier.

OCP Africa announced today a partnership with Kenya’s Ministry of Agriculture and Livestock Development to launch soil mapping exercises for over 100 participants.

Morocco’s Minister of Energy Transition and Sustainable Development Leila Benali shared the recent data in the House of Councillors on Tuesday, emphasizing that the investment budget includes MAD 12 billion dedicated to phosphates.

The investment plan, Terrab announced, includes supporting programs for Small and Medium-Sized Enterprises (SMEs) operating in the industrial, agriculture, and energy sectors.

The consecutive droughts in Morocco negatively affected its water resources. Between 1960 and 2020, the share of water resources per capita fell from 2560 cubic meters to 620 cubic meters, well below the World Bank’s recommended average of 1000 cubic meters.

Prime Minister Mostafa Madbouli attended Wednesday the signing of a funding agreement worth $1.1 billion for two renewable energy projects that will be built by the UAE's AMEA Power.